September 25, 2017 3:04 PM ET

Software

Company Overview of Provision Interactive Technologies Inc.

Company Overview

Provision Interactive Technologies Inc. develops 3D holographic display technologies, software, and integrated solutions. The company was incorporated in 2000 and is based in Los Angeles, California. Provision Interactive Technologies Inc. operates as a subsidiary of Provision Holding, Inc.

Los Angeles, CA 

United States

Founded in 2000

Key Executives for Provision Interactive Technologies Inc.

Chairman, Chief Executive Officer and President
Age: 61
Vice President of Media Sales
Compensation as of Fiscal Year 2017.

Provision Interactive Technologies Inc. Key Developments

Prosperity Investments Selects Provision Interactive Technologies Inc’s 3D Holographic Technology to be Integrated into Prosperity’s ATM Banking Systems’ Global Deployment

Prosperity Investments, under its Joyful ATM brand, has entered into an agreement with Provision Interactive Technologies Inc. to integrate its 3D holographic display and coupon redemption platform into Joyful ATMs to increase in-store engagement and purchases at point-of-sale. More than 48,000 Joyful ATM units are planned to be deployed throughout the United States and in another 68 countries over the next 72 months, at locations including banks, retailers, convenience stores, gas stations, and government buildings. Through the partnership, the ATMs will project 3D holographic advertising messages to attract customers to the unit. Once the customer approaches the unit, they can redeem coupons for the advertised products which can be used immediately, driving enhanced point-of-sale activity. The initial 2,000 Joyful ATM units integrated with Provision’s 3D advertising technology will be deployed throughout the United States in the first half of 2018.

PRN Teams Up with Provision Interactive Technologies for a 'Triple Win' at Retail

PRN announced a partnership with Provision Interactive Technologies Inc. This new partnership allows PRN to expand its monetized consumer activation offerings at brick-and-mortar retail by utilizing Provision’s 3D Savings Center kiosk, which delivers interactive 3D advertising and content that delights, educates and rewards customers with redeemable coupons at the point of sale. A national rollout to retail pharmacies is underway – with the network currently installed in approximately 700 stores in the top ten DMAs. In addition, Provision plans to further penetrate the retail market through grocery and convenience store channels. Each Provision 3D Savings Center kiosk features an attention-grabbing 3D holographic advertising display that projects digital images 12 inches away from the screen. The kiosk also has an interactive 2D touch screen for consumers to access information, promotions, rewards and coupons. When shoppers approach the kiosk, they’re prompted to enter their rewards card information and receive a redeemable coupon for the advertised product. The innovative holographic technology is a triple win. It draws shoppers to the kiosk by providing an immersive sight and sound experience, presents retailers with a unique in-store merchandising opportunity and advertisers a robust sales channel and measureable ROI.

Provision Interactive Technologies, Inc. Enters into Multi-Year Partnership Agreement with Discount Drug Mart, Inc. to Install Provision's Proprietary 3D Savings Center Kiosks Inside Discount Drug Mart Stores

Provision Interactive Technologies Inc. announced that the company has entered into a multi-year partnership agreement with Discount Drug Mart Inc. to install Provision's proprietary 3D Savings Center kiosks inside Discount Drug Mart stores. This agreement represents the next major retail partnership for Provision. In addition to its eye-popping 3D holograph graphics, the 3D Savings Center kiosks offers in-store advertising, including exclusive Discount Drug Mart promotions, to provide customers highly effective sales offers at the point-of-purchase. The 3D Savings Center kiosk contains Provision's patented and award-winning 3D holographic display, which has been proven to attract and influence retail customers. Each unit also has a 2D interactive touch screen that provides consumers access to information as well as Discount Drug Mart promotions, rewards, and coupons. Brand marketers will be able to showcase their products via 3D advertising and engage viewers via the interactive touch screen interface.

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